$2.1 Trillion Fund Management Firm Fidelity Launching Bitcoin Custody in Q1 of 2019150

Fidelity Investments, the world’s fifth largest asset managers with $2.5 trillion under management, is launching a Bitcoin custodial product aimed at institutional investors to expand its “Digital Asset” service.

Scheduled for a March 2019 launch, the offering comes after Fidelity announced support for cryptocurrencies in 2018 and introduced trading services for accredited firms and family offices. However, individuals cannot obtain these services yet.

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